Optimization of retail electricity pricing structures

Conference: International ETG Congress 2017 - International ETG Congress 2017
11/28/2017 - 11/29/2017 at Bonn, Deutschland

Proceedings: ETG-Fb. 155: International ETG Congress 2017

Pages: 6Language: englishTyp: PDF

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Authors:
Hinterstocker, Michael; Roon, Serafin von (Forschungsgesellschaft für Energiewirtschaft mbH, Germany)

Abstract:
The effect of variable electricity pricing can be evaluated by simulation. Consumers and their potential demand-side management measures are modelled based on their individual load curves in order to examine different pricing structures. The optimal rate coefficients can be determined by nonlinear optimization. This paper compares different optimization algorithms for this task depending on the complexity of the respective rate and subsequently deduces a recommendation for further evaluations.